Breaking News

Business

What A Merger Between Nissan And Honda Means For Automakers And Industry

BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would ...

An Analyst Looks Ahead To How The US Economy Might Fare Under Trump

WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a ...

Pressure Of Prices

NEW YORK (AP) — The holidays are meant to be a time of celebration with family and friends. But they can also bring pressure to spend money on gifts, gatherings and plane tickets home, exacerbated by brand emails, social media influencers and family expectations. With credit card debt ...

Capybaras Take Their Turn As The Holiday Season’s ‘It’ Animal

ST. LOUIS (AP) — The world’s largest rodent is having a big moment. The capybara – a semi-aquatic South American relative of the guinea pig -- is the latest in a long line of “it” animals to get star treatment during the holiday shopping season. Shoppers can find capybara slippers, ...

US Home Sales Hit Fastest Pace Since March With More Properties Up For Sale

Sales of previously occupied U.S. homes rose in November to their fastest pace since March with home shoppers encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher. Existing home sales rose 4.8% last month, from October, to a seasonally adjusted annual rate of 4.15 million, the National Association of Realtors said Thursday. Sales accelerated 6.1% compared with November last year, representing the biggest year-over-year gain since June 2021. The latest home sales topped the 4.1 million pace economists were expecting, according to ...